The passage given below is followed by four alternate summaries. Choose the option that best captures the essence of the passage.
Financial services and financial accounting are the areas of finance that rely on and benefit from Excel spreadsheets the most. In the 1970s and early 1980s, financial analysts would spend weeks running advanced formulas either manually or (beginning in 1983) on programmes like Lotus 1-2-3. Now, you can perform complex modelling in minutes with Excel. Walk through the finance or accounting department of any major corporate office, and you will see computer screens filled with Excel spreadsheets crunching numbers, outlining financial results, and creating budgets, forecasts, and plans used to make major business decisions.
The passage given below is followed by four alternate summaries. Choose the option that best captures the essence of the passage.
Financial services and financial accounting are the areas of finance that rely on and benefit from Excel spreadsheets the most. In the 1970s and early 1980s, financial analysts would spend weeks running advanced formulas either manually or (beginning in 1983) on programmes like Lotus 1-2-3. Now, you can perform complex modelling in minutes with Excel. Walk through the finance or accounting department of any major corporate office, and you will see computer screens filled with Excel spreadsheets crunching numbers, outlining financial results, and creating budgets, forecasts, and plans used to make major business decisions.
Option A uses the term like 'revolutionize' which covers most of the essence of the paragraph. No other options clearly state the facts mentioned in the passage.
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